Growthland's Real GDP Per Person Was $112,000 in 2016 and $117,000

question 26

Multiple Choice

Growthland's real GDP per person was $112,000 in 2016 and $117,000 in 2017.What is the growth rate of Growthland's real GDP per person in 2017?

• A)4.3 percent
• B)12 percent
• C)4.5 percent
• D)5 percent
• E)17 percent

---

Definitions:

Encoded

The process of converting information into a particular form for efficient storage, communication, or processing, often used in the context of memory or data transmission.

Consolidated

Combined or united to form a single entity or whole, often making something stronger or more coherent.

Short-Term Memory

Information and input that is currently activated.

Long-Term Memory

The phase of the memory process that is capable of storing information for extended periods, ranging from hours to a lifetime.